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FAMI (Farmmi) Debt-to-EBITDA : -1.70 (As of Sep. 2024)


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What is Farmmi Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Farmmi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $8.85 Mil. Farmmi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $6.20 Mil. Farmmi's annualized EBITDA for the quarter that ended in Sep. 2024 was $-8.88 Mil. Farmmi's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -1.70.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Farmmi's Debt-to-EBITDA or its related term are showing as below:

FAMI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -23.02   Med: 1.29   Max: 4.03
Current: -6.41

During the past 10 years, the highest Debt-to-EBITDA Ratio of Farmmi was 4.03. The lowest was -23.02. And the median was 1.29.

FAMI's Debt-to-EBITDA is ranked worse than
100% of 1503 companies
in the Consumer Packaged Goods industry
Industry Median: 2.02 vs FAMI: -6.41

Farmmi Debt-to-EBITDA Historical Data

The historical data trend for Farmmi's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Farmmi Debt-to-EBITDA Chart

Farmmi Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.07 1.19 1.75 2.91 -6.41

Farmmi Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 2.10 3.95 1.52 -1.70

Competitive Comparison of Farmmi's Debt-to-EBITDA

For the Packaged Foods subindustry, Farmmi's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Farmmi's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Farmmi's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Farmmi's Debt-to-EBITDA falls into.


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Farmmi Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Farmmi's Debt-to-EBITDA for the fiscal year that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.85 + 6.203) / -2.348
=-6.41

Farmmi's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.85 + 6.203) / -8.876
=-1.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Sep. 2024) EBITDA data.


Farmmi  (NAS:FAMI) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Farmmi Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Farmmi's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Farmmi Business Description

Traded in Other Exchanges
N/A
Address
888 Tianning Street, Floor 1, Building No. 1, Liandu District, Zhejiang Province, Lishui, CHN, 323000
Farmmi Inc is an investment holding company. Through its subsidiaries, it acts as a supplier of agricultural products. It is an agricultural technology enterprise focused on its supply chain platform by promoting edible mushroom products and agriculture technology. Its product offerings include tapioca, corn, red dates, shiitake mushrooms, mu er fungus, other edible fungi, and other agricultural products. Geographically, the company's products are sold in China, Southeast Asia, Japan, North America, Europe, and the Middle East under the Forasen and Farmmi brands.